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Supermarket retailer turns in solid quarter
Publix Supermarkets’ sales and profit rose in the fourth quarter amid continued expansion. Publix’s net earnings for the fourth quarter rose 4.5% to $544.5 million, from $521.1 million in the year-ago period. Sales rose 11.1% to $9.1 billion. (The additional week in the fourth quarter of 2016 increased sales by 7.4%.) Same-store sales increased 2.2%. -
COO Reset
Omnichannel environment places evolving demands, challenges on C-suite executives
The transformation of retail from brick and mortar into a digital omnichannel environment has caused an evolution in certain key roles in the C-suite.
Antony Karabus, CEO of HRC Retail Advisory, spoke with Chain Store Age about how the key role of the chief operating officer is evolving to enhance the transformation of retail companies in today’s more complex environment.
What is the typical scope of responsibilities of a retail COO?

